0001193125-22-285863.txt : 20221115 0001193125-22-285863.hdr.sgml : 20221115 20221115171533 ACCESSION NUMBER: 0001193125-22-285863 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20221115 DATE AS OF CHANGE: 20221115 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CORPORACION ANDINA DE FOMENTO CENTRAL INDEX KEY: 0000947438 STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS BUSINESS CREDIT INSTITUTION [6159] IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-267056 FILM NUMBER: 221392070 BUSINESS ADDRESS: STREET 1: TORRE CENTRAL STREET 2: AVENIDA LUIS ROCHE ALTAMIRA CITY: CARACAS VENEZUELA STATE: X5 ZIP: 999999999 MAIL ADDRESS: STREET 1: TORRE CAF STREET 2: AV LUIS ROCHE CITY: CARACAS VENEZUELA STATE: X5 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CORPORACION ANDINA DE FOMENTO CENTRAL INDEX KEY: 0000947438 STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS BUSINESS CREDIT INSTITUTION [6159] IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: TORRE CENTRAL STREET 2: AVENIDA LUIS ROCHE ALTAMIRA CITY: CARACAS VENEZUELA STATE: X5 ZIP: 999999999 MAIL ADDRESS: STREET 1: TORRE CAF STREET 2: AV LUIS ROCHE CITY: CARACAS VENEZUELA STATE: X5 FWP 1 d419180dfwp.htm FWP FWP

Filed pursuant to Rule 433

Dated November 15, 2022

Registration No. 333-267056

Corporación Andina de Fomento

USD 800,000,000 of 5.250% Notes due 21 November 2025

 

Issuer:    Corporación Andina de Fomento
Ratings(1):    Moody’s: Aa3 (Stable) / S&P: AA- (Positive) / Fitch: A+ (Positive)
Security Status:    Senior unsecured notes; not secured by any property or assets; notes rank equally with all other unsecured and unsubordinated indebtedness
Transaction Type:    SEC Registered
Currency:    U.S. Dollars
Total Principal Amount:    USD 800,000,000
Offering Price:    99.830%
Gross Proceeds (excluding accrued interest):    USD 798,640,000
Trade Date:    November 15, 2022
Settlement:    November 22, 2022 (T+5)
Maturity:    November 21, 2025
Coupon:    5.250% per annum, payable semi-annually
Spread to SOFR Mid-Swap:    +125 bps
Benchmark Instrument:    UST 4.500% due 15 November, 2025
Benchmark Instrument Price/Yield:    100-26 7/8 / 4.199%
Spread to Benchmark Instrument:    +111.275 bps
Yield to Maturity:    5.312%
Interest Rate Payment Frequency:    Semi-annual
Interest Payment Dates:    21 May and 21 November, with a short first interest payment date on 21 May, 2023
Interest Rate Basis:    30/360
Business Day Convention:    Modified Following, Unadjusted
Redemption Provisions:    Redeemable in whole, but not in part, for tax reasons
Sinking Fund Provisions:    No sinking fund provisions
Form:    Global note held by depositary or the depositary’s custodian

 

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Denominations:    Denominations of USD 1,000.00 and integral multiples of USD 1,000.00 in excess thereof
Clearing:    DTC / Euroclear / Clearstream
Joint Book-Running Managers:   

Barclays Bank PLC

Citigroup Global Markets Limited

Daiwa Capital Markets Europe Limited

J.P. Morgan Securities plc

Names and Addresses of Representatives:   

Barclays Bank PLC

5 The North Colonnade

Canary Wharf

London E14 4BB

 

Citigroup Global Markets Limited

Citigroup Centre

Canada Square

Canary Wharf

London E14 5LB

 

Daiwa Capital Markets Europe Limited

5 King William Street

London EC4N 7AX

 

J.P. Morgan Securities plc

25 Bank Street

Canary Wharf

London E14 5JP

Governing Law:    New York
Listing:    Application will be made to admit the notes to the official list of the Financial Conduct Authority and to the regulated market of the London Stock Exchange
CUSIP/ISIN:   

CUSIP: 21989TAA5

ISIN: US21989TAA51

 

(1) 

These securities ratings have been provided by Moody’s, S&P and Fitch Ratings. These ratings are not a recommendation to buy, sell or hold these securities. Each rating may be subject to revision or withdrawal at any time and should be evaluated independently of any other rating.

UK MiFIR Professionals/ECPs-only – Manufacturer target market (UK MiFIR product governance) is eligible counterparties and professional clients only (all distribution channels).

This communication is intended for the sole use of the person to whom it is provided by the issuer.

 

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The issuer has filed a registration statement (including a prospectus) with the U.S. Securities and Exchange Commission (“SEC”) for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you a copy of the prospectus if you request it by calling Barclays Bank PLC at +44 (0) 207 773 9098, Citigroup Global Markets Limited at +44 (0) 207 986 9000, Daiwa Capital Markets Europe Limited at +44 (0) 207 597 8000 or J.P. Morgan Securities plc at +1 866 803 9204.

ANY DISCLAIMERS OR OTHER NOTICES THAT MAY APPEAR BELOW ARE NOT APPLICABLE TO THIS COMMUNICATION AND SHOULD BE DISREGARDED. SUCH DISCLAIMERS OR OTHER NOTICES WERE AUTOMATICALLY GENERATED AS A RESULT OF THIS COMMUNICATION BEING SENT VIA BLOOMBERG OR ANOTHER EMAIL SYSTEM.

 

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